27.04.2005, Tallinna Farmaatsiatehas, TLN

Tallinna Farmaatsiatehas                 Announcement                   27.04.2005



Regular general meeting of the shareholders



Director of Tallinna Farmaatsiatehase AS proposes to assemble the Regular  General

Meeting of the shareholders of Tallinna Farmaatsiatehase AS on May 19, 2005  14.00

p.m (registration starts at 13.30).in Reval Hotel Central (Narva mnt 7c,  Tallinn)

conference centre in studio 1 located on the second floor.



Agenda:



1. Opening of the meeting. Election of the meeting's chairman, recorder and poll

   committee.



2. Approval of the meeting order.



3. Approval of the meeting agenda.



4. Report of Director of Tallinna Farmaatsiatehase AS.



5. Approval of the annual report for 2004 and the conclusion of the auditor.



6. Approval of the proposal for distribution of net profit of 2004.



7. Election of auditor.



8. Others.



It is possible to get acquainted with the annual report  for  2004  at  Tondi  33,

Tallinn and corresponding information is promulgated on HEX Tallinn Internet  site

at <a href='http://www.hex.ee.' target='_blank'>http://www.hex.ee.</a> If you have questions connected with the  regular  general  meeting

contact us by phone number 612 0201.  We  ask  shareholders  to  take  with  them:

physical person's passport and an authorization, if you are a representative of  a

physical person, B-card of legal entity and documents that prove authority of  the

representative.







Director of Tallinna Farmaatsiatehase AS

Ibraim Muhtši